Sterling scales 7-year high against struggling euro.

• Pound above 1.37 against single currency
• Euro plunges to new 11-year low against dollar
• Dollar pauses after hitting overnight highs
• Aussie falls as US data surprises

Categories: Market Commentary.


Sterling Hits Highest Levels vs Euro Last Seen in 2007

Gains for the pound continue against majors with cable high of 2015
Mixed session for euro – single unit struggles vs pound, rallies vs buck
Gold puts Yellen in rear view mirror and moves higher
Oil heads south amid steadily rising US supplies

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Categories: Market Commentary.


GBP/USD hits 1.55 hurdle

• Carney Vows to Return Inflation to 2% in ‘Reasonable’ Time
• Euro firms up after euro zone approves Greece bailout extension
• Dollar trims gains after downbeat U.S. data, Yellen comments
• Kiwi rises against broadly weaker greenback; AUD/USD increases

Categories: Market Commentary.


Greece Scrambles to Keep Deal Alive

Sterling soars against majors
Euro slides as Greece delays sending reforms to eurozone till today
Fed’s Yellen could send U.S. dollar higher
Oil prices continue to fall, pushing Brent under $60 a barrel

Categories: Market Commentary.


Greece bailout: Deadline looms for crucial reforms.

• Focus reverts to BoE rate hike speculation
• Euro steady ahead of Greece bailout deal
• Dollar flat ahead of Fed Yellen testimony
• Kiwi slide set to continue

Categories: Market Commentary.


Sterling hits new 7-year high against euro.

• Follows hints of interest rate hike
• Euro under pressure on Greek jitters
• Dollar firms on upbeat data
• Aussie dollar slightly lower in late trade

Categories: Market Commentary.


Minutes Show Fed Treading Carefully to Rate Hike

Impressive UK jobs data sends sterling higher
Euro stands firm as ECB approves loan request from Greece’s central bank
Dollar trades sideways after non-event fed meeting minutes released
Gold gains 1% on Fed minutes

Categories: Market Commentary.


GBP/USD above key technical level.

• Pound traders back BoE by excusing UK’s record low inflation
• Euro slips lower, yen steady after BoJ holds fire on more easing
• Dollar index trims losses but remains under pressure; stocks higher

Categories: Market Commentary.


Eurogroup Gives Greece Only Few Days to Sign Extension

Sterling mixed as rise seen vs euro but cable falters on risk appetite woes
Euro slides as Greece talks fail
Dollar takes back losses made earlier in week as risk appetite fades
Aussie dollar finds support as RBA Minutes suggest no rate cut in March

Categories: Market Commentary.


Sterling boosted by BoE Inflation Report.

• Pound outperforms most of its peers
• Euro gains ahead of Greek debt talks
• Dollar lower against yen after muted reaction to Japan GDP
• Aussie dollar nears new low against kiwi

Categories: Market Commentary.